Skip to main content

About your Search

20121129
20121207
STATION
CNBC 12
CNNW 4
CSPAN 1
FBC 1
KTVU (FOX) 1
MSNBCW 1
LANGUAGE
English 36
Search Results 0 to 35 of about 36 (some duplicates have been removed)
the waiting game to see if country and the president take the economy off the fiscal cliff, president obama says he will not play the debt ceiling game again. but he is taking a few more shots in the public relations game. turning the screws on republicans, a little bit more. chief white house correspondent ed henry starts us off tonight. >> reporter: finally the blame for stalled budget talks on republicans, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business ow
. independent of all this jibber jabber over the fiscal cliff, the economy is in really rough shape now. >> it is. we're seeing businesses cut back, getting ready for the eventuality they see coming, no deal by december 31st this worsening. sam, how do you want to be invested in 2013? where is the growth in the economy coming from, if anywhere? >> i think the growth is coming from an improvement in the housing sector. i think we are starting to see a slowdown in the job loss from the government sector. so, i think we're going to be seeing a better than half speed recovery. so, you do want to be taking a balanced approach. we do favor the consumer discretionary at this point offsetting with health care. >> gentlemen, thank you. more breaking news coming away right now. thanks for your thoughts. appreciate it. >> we have the letter. let's get to eamon javers. >> this is the letter speaker boehner sent to the president of the united states. the language he's choosing is important to understand, as he draes the president. the speaker saying, after a status quo election in which both you and
of our fragile economy hangs in the fiscal cliff balance, for that let's turn to our distinguished guests. peter goodman. he's the huffington post business editor on a former "new york times"man. we welcome back republican congresswoman nan hayworth and haddy heath, senior policy analyst with the independent women's forum. okay. so mcconnell laughed at the tim geithner proposal. and john boehner says we're at a stalemate. and president obama himself is kind of getting ugly about this enemy's list. we've seen this before from him. my proposal is, republicans have to come with a counter offer. right now. there's no point in blasting obama. just a counter offer. i want to read from today's newspaper. this is what mitch mcconnell said. "higher medicare premiums for the wealthy, an increase in the medicare eligibility age, and a slowing of costs of living increases for programs like social security. and then republicans would agree to include more tax revenue in the deal but not from higher tax rates." now, let's just look at this for a second. we'll go to you first, nan. he wants medicare eli
to understand given how much going over the fiscal cliff would hurt the economy. why is going over the fiscal cliff worth it for just this one component? if you can get the other components, why wouldn't you take that? >> good question. thanks for asking. what we're trying to do is put in place a comprehensive balance set of fiscal reforms that put us back on the path to living within our means and create room for investing to make the economy stronger, make sure we're protecting medicare for future generations, and forcing the government to use the taxpayers' resources more wisely. in that context, you have to have a significant amount of revenues. we don't see a way of doing it that makes any sense or has any political viability without rates going up as part of that deal. again, the size of the problem in some sense is so large it can't be solved without rates going up. i think there's a broad recognition of that reality now. if you listen carefully to the talk not just in this town, but you hear what businesses and investors say, i think there's broad recognition that rates are going to g
the recovery started. now, i'm not going to blame it all on the fiscal cliff. we have a slowing economy. we have slowing economies around the world. but i was at a dinner with a bunch of ceos in washington who are interested and care about this fiscal issue on monday night. and they were talking about we're not hiring. we're allowing attrition to happen. we're holding back on big spending. we want to see what happens here before we go forward. what's interesting about this is that the consumer seems to have a different view. the consumer -- for the consumer so far, this has sort of passed by. i wouldn't say blissful ignorance, but it has not affected their behavior. you had a fairly strong set of economic numbers this fall. the housing market seems to have finally turned up after a period of obviously deep decline. and so consumer confidence, which is one of our best proxies for this kind of thing, has been turning up and really does not yet -- the fiscal cliff does not yet seem to have penetrated their consciousness. for those of us who were in stores over the holiday weekend, stores are c
the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are willing to cut loopholes. here's what john boehner said. >> the revenues being put on the table are gonna come from guess who? the rich. >> reporter: republicans say it's clear to them that president obama is not serious about negotiating. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:17. we asked some people in the bay area whether they think the president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they
the so-called fiscal cliff at the end of the year. then the economy will shrink, the pie will, and we have to meet in the middle. and so far, there has not been progress getting there. >> a fascinating debate, thank you both very much. >> thank you, piers. >>> coming next. who better than politics, powerball's and the fiscal cliff? i hate that praise, let's call it financial hilltop. tavis, we'll discuss that after the break. >> i just renamed it. ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> our ultimate goal is an agreement that gets our long-term deficit under control in a way that is fair and balanced. that kind of agreement would be good for our businesses, it would be good for our economy. it would be good for our children's future. and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. >> president obama
.6% contraction in the economy because of manufacturers concerns about the fiscal cliff that's coming up. and the report also showed that if we go over the cliff, meaning if we just go over it in the first few days of next year, that we could have a 13% cumulative contraction in the gdp between now and 2015. and 6 million jobs lost. now, a lot of those will come from small and medium sized manufacturers who just aren't willing to take the risk, but i think you're talking to doug in a little bit and larger companies like caterpillar and doug is the incoming chair of the national association of manufacturers, companies like caterpillar rely on those supply chains. so they want to make sure that the small and medium sized manufacturers are just as healthy as the larger. >> jay, thank you. we appreciate your time this morning. >>> coming up, police arresting john mcafee. the details next. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee
effects for business travel if the economy falls off the fiscal cliff? the gbta predicts the reduced deficits and lower interest rates will lead to growth in the economy and an increase in business travel spending. >>> welcome back. now to the weather channel. reynolds wolf is standing by. what is happening around the country today? >> the story is all west. everything is taking place out west. rain, some strong winds, even some snow. some places snow getting up to around 2, 3 feet, but that is high elevation. but for the eastern seaboard, pretty quiet p. temperatures very mild this time of year. when you get into the center of the u.s., still fairly mild conditions. a bit cooler as you might imagine in spots up like towards the twin cities and even over towards chicago. but then out west, that's where the trouble really brews. it's that time of year that there's norm lay big area of high pressure that sets up off the west coast. that's gone and that allows all the pacific moisture to come through. high snow will be an issue. rain in seattle. so how is it going to affect your travel?
are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a long-term investor. long-term stocks have outperformed bonds. >> with all do respect, george, are you one of those come play september investors larry is referring to? >> i'd say we're opposite of that. we never take anything for granted, but we bet accordingac. bonds are trouble. a lot of people are going to lose a lot of money in bonds. you have to be prepared for that. interest rates are going to go up. dividends are going to continue to increase. the economy in this country is strong. it's going to get stronger. >> even at 44% dividend tax? >> it's not going to go that high. >> if we go over the fiscal cliff, it does go that high. it goes to 44%. >> no, no. don't think the worst. >> less than a month, it goes there. >
allow the u.s. economy to fall off the fiscal cliff, 2 million jobs will be lost. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd
one month until the economy is set to go off the fiscal cliff. trading fire over looming tax hikes and spending cuts that threaten to plunge the economy into recession. affecting the lives of every single american. hello, everyone. i'm heather childers. welcome to another hour of america's headquarters. >> gregg: i'm gregg gregg jarrett. president obama is promoting his so-called balanced approach. republican leaders say the president's plan leaves the budget talks at a stand still. >> we've got some agreements about the high end tax cuts. republicans don't want to raise taxes on folks like me. i think i can pay a little bit more. >> they want to have this extra spending that's actually greater than the amount they're willing to cut. i mean, it was not a serious proposal. so right now we're almost nowhere. >> gregg: steve centanni has more. >> the two sides taking verbal pot shots, but not really coming to any kind of agreement adds the clock continues ticking. the president hit the road yesterday using a campaign style appearance in pennsylvania to appeal directly to the american
shrink. on january 1 . we go over the so-called fiscal cliff. and massive government spending cuts. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the american people. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress coul
the biggest thing we need to do to grow our economy. let's quit having these fiscal cliffs. and let's not be threatening government shut downs. let's sit down in a good faith effort and that's what president obama is not doing. he's back on the campaign trail which will is unfortunate. he should be in washington here sitting down in a good faith effort to try and grow the economy. because that's ten times more effective. >> senator, what are the odds that you think we reach an agreement before january 1st? >> that's just hard to say. there are enough republicans that are showing a willingness and i'm certainly willing to sit down with anybody who is willing to negotiate in between faith. my guess is we probably will get it solve, but i hope item not done in a way that harps tms th economy. but the president has to show us his balanced plan. >> as you said yourself, probably not the way to do to negotiate either on television or in front of everybody. that's probably happening behind the scenes. >> becky, that's not negotiating. that's called putting your plan on the table. republica
disasters. we don't need to navigate the fiscal cliff. that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a problem because in the nego
. >> i was. >> thanks. >> as washington continues to wrangle over the fiscal cliff, there's one on the chopping block that could have an impact on our economy. >> plus, new controversy in the middle east as israel celebrates construction plans and what it means for the stalled peace talks and security in the region. john walton weighs in. >> looking forward to talking to him. and new information recording the internet blackout, stay with us, folks, we'll be right back. rop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. ♪ >> welcome back. got a developing story to talk to you about out of syria right now he where the country's internet service is reportedly back on following a two day nationwide blackout as syrian rebels make a strategic push for, con
the fiscal cliff could cause major problems for state economies. which face the biggest threat from the potential tax hikes? joining us on the phone is laura porter, managing director at the public finance department, sector head for the state ratings group which focuses on state credits across the country. and focuses on a report, laura, looking granularly at this. good morning. >> good morning. thanks for having me. >> in general, you argue that a lot of ratings on the state front will remain unchanged no matter what. why is that? >> we feel states are fundamentally very strong credits, have strong control over their revenues and spending and the vast majority have shown the ability and willingness to adjust. so we think that the biggest and immediate threat is the fiscal cliff and what that can mean for state revenues, which quickly react to changing economy. >> you make the point -- surprise to no one, you have an unusually high degree of uncertainty in this outlook and that's because -- walk us through a scenario. we go over the cliff, and we begin seeing materially lower reven
and washington continues to push america's economy toward a fiscal cliff. republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been li
that, a lot of dough being thrown around. >> brian: how much do you know about the fiscal cliff? >> it reminds me about something i probably learned in school. but some type of cliff, the economy going pow. >> isn't that the government? this is embarrassing. >> brian: how many people really know what it is and what it means? we hit the streets. >> steve: indeed, and bob costas and his no spin zone to defend his half time gun control rant. what did he say and what does former nfl player think? he will join us live to react this hour. "fox & friends" hour two for thursday starts right now. >> gretchen: i thought the same thing that scarlet johansson was in times square answering ainsley's question. i thought what, a lucky day for steve and brian that yesterday they would have petra and today scarlet. >> brian: and the day before, victoria secret models. >> gretchen: what a week! >> steve: one of the young people when did respond said fiscal cliff, that sounds like something i probably studied in school. no. this is new. this is something that they've just fresh baked up for us. >>
are willing to make sure we don't go over this fiscal cliff but at the same time don't harm this economy. what has to happen here if the president shows a little leadership we are willing to stay in the room and stay here and we are willing to get this done. that's why you saw a proposal that is raoeubl reasonable that meets his criteria. >> reporter: steny hoyer said in the next few days we will see substantive movement in private to get this done. jenna: we'll continue to watch the play-by-play, mike, thank you. jon: right now we are continuing to await a speech by former president george w. bush, the speakers are taking to the podium there to get ready to introduce the former president. he is set to address a conference there in dallas, where he will spotlight the positive impact of immigration on u.s. economic growth. this as the g.o.p. looks to attract more hiss to the party. meantime mr. bush's father, former president george h.w. bush is spending another day in the hospital being treated for bronchitis and a lingering cough. we told you about that last week when we first found out that
? is it geopolitical or more of a story about what's happening in economies around the world? >> merry fiscal cliff-mas to you. you're going to see more bouncing like a yo yo, on the fundamental story, the models we have pointing going into 1q, the reason, it sort of rhymes in the spirit of the season. you have non-opec demand growing, global demand slowing, it's not snowing, and down is where we're going. the next big data point is probably the iaea report in february. and if that implicates more progress toward an iranian bomb, there's significant risk to look to the upside. in the meantime, you have a lot of other issues beyond the fiscal cliff. debt ceiling issues, if not resolved in the negotiation looming. and relatively long stocks here in the u.s. perhaps the most interesting part, becky, is to look at the convergence between light and heavy grades here in north america. we have a lot of light oil. and we're actually potentially short of heavy oil. so seeing convergence within that downward trend means there could be a bid for heavier. >> you would guess that would certainly hurt demand. >>
he cannot promise we won't go off the fiscal cliff. speaker boehner says he is doing everything he can to avoid the cliff but acknowledged that there is a chance we will in fact go over the edge. >> thank you. >> shannon: now if the country does go over the fiscal cliff marx worry there could be cutback to entitlement programs like social security and medicare and programs that the government uses to keep you healthy. joinings now, registered nurse and republican congresswoman from tennessee diane black. former california insurance commissioner, democratic congressman john giramendi. welcome to you both. >> good morning. >> thank you for having us. >> shannon: something to keep an eye on the issue of doctor reimbursement fee under medicare. if nothing happens those will drop by 27%. come january 1. we know ra lot of doctors are limiting the number of medicare patients they will take in. if they don't get the numbers up what happens next? >> this is why we need reform over medicare. we know we are not going to cut doctors by 27%. if we were to do that, there would be no access for s
and the fiscal cliff. i hate that phrase. we'll discuss the financial build up. >>> that kind of agreement would be good for our economy and good for our children's future. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lifelock, as soon
the fiscal cliff. but without spending cuts an entitlement reforms it will be impossible to address our country's debt ace crisis and get our economy growing again and create jobs. right now all eyes are on the white house. our country doesn't need a victory lap, it needs leadership. it is time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i will take a few questions. >> speaker boehner, why would you not tell democrats what spending cuts you would like to see -- [inaudible] >> it has been very clear over the last year-and-a-half. i've talked to the president about many of them. you can look at our budget. where we outline very specific proposals that we passed in last year's budget and the budget from the year before. we know what the menu is. what we don't know is what the white house is willing to do to get serious about solving our debt crisis. >> [inaudible]. >> listen, i'm not going to get into the details but it is very clear what kind of spending cuts need to occur but we have no idea what the
. we're going to talk about the fiscal cliff. if we go over it, will it really destroy the u.s. economy? we'll show you some stats to make you go -- hmm. we'll talk more about apple's slide, should microsoft's ceo steve ballmer get the boot if the surface fails. and we will introduce to you quite possibly the world's dumbest demolition crew. it involves a multi-million dollar bore chateau and really bad bulldozing. >> yikes. see you at 1:00, brian. thank you. >>> listen up wall street recruiters, a recent rash of college cheating scandals has shown academic dishonesty is unfortunately a very big problem on campus today. who are the worst offenders? tonight's premier of "faking the grade -- classroom cheaters," we'll tell you. they'll find out which students are most likely to cut corners in the battle to gain an edge. >> reporter: don mccabe and his canadian colleague collaborate on research. mccabe says in the u.s. business students cheat the most. engineering students are often near the top of the list. and so are communications and journalism students. women studied at one university
? >> it was not. i like the management of dolmen. >> how is cantor positioned for the fiscal cliff? are you just strapped in and ready to go over the other side. >> i think taxes will go up, twll be a lot of conjecture overs next 30 days or so, and then tell get a reality to that we have a problem, we have to tighten our boot strap, figure out how to actually inject money into the economy and how to cut some of the costs out of our government. >> you want to inject money into the economy and cut costs at the same time. how do you do that? >> certainly you look at the perspective you'll raise taxes on the higher end, but you're also going to have to cut some of the fat in the government. and that takes time. we need corporations to actually drive us out of this problem. the government isn't the solution here. >> the government is not the solution. >> correct. >> well, they are part of the problem. before a private sector solution, it seems like we have to get over this problem in the near term. it's a huge amount of money just being sucked right out of the economy on january 1st. >> i don't disag
to take americans over the fiscal cliff. >> this is a thelma and louise crowd and want higheraxes and bigger government regardless of the impact on jobs and economy and america's standing in the world. >> gretchen: who could the fiscal cliff jumpers be. matt is editor in chief of the washington weekend. he's my guest. good morning. >> good morning. >> gretchen: who wants to go off of the cliff and die. >> buckle your seat. important senator is patti murray in charge of the democrat campaign committee. she got put in the position thinking it was not a good year for democrats and she turned into one. that gave her clout in the democratic caucus. when she gave a speech saying we could make a more liberal deal if we go off the cliff democrats started listening. >> gretchen: senator harry reid want to go off the cliff. >> he's playing the double game. he want to look like a deal make yer support the president. but so many democrats have a strange idea of compromise. it is all right. give me everything and i will do nothing. what we are seeing from the democrats, republicans you cave on
to the fiscal cliff. they gave themselves a ton of time to work this out. what would happen to the economy if a deal similar to the president's plan were to go into effect? fox business network stuart varney joins me right now. you listen to nancy pelosi. they made all kinds of painful concessions in order to just even put this first plan out there. melissa: look you put in place a plan like the president has proposed and it is a recipe for real economic trouble, maybe even a recession. martha, just for a second, take the politics out of this. consider where we're starting from. we have 8% unemployment, very slow growth and we have 3.5 billion added every day to our national debt. if you impose this massive tax increase and take away any restraint on the government borrowing of new money you're looking at potential higher unemployment, that the real danger you have runaway borrowing and set up what is called a debt crisis at some point in the future. this plan or anything like it, if it is imposed january the 1st is very bad news for the economy. martha: you know, democrats say republicans
take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intrusion. neither side discusses that because they are career politicians and big government is their career. dennis: what should republicans do? should they cave and let tax rates go up on the rich or hold out and let the company -- the country go over the cliff? >> they hold out and let the country go over the cliff and aasolutely insure this lending limit, borrowing limit is enforced. to force government to shrink itself. this is the only way they will d
a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house wants him to not just raise tax reve
. new research on the white house plan to avoid the so-called fiscal cliff is raising concerns about how much the tax hikes can do to keep the economy afloat. the edover an influential financial paper he says america needs to be focused on. a case showing the potential down sides of winning the lottery. we'll detail the case of a man who struck it rich big time, and then was found dead and buried under a concrete slab in someone's backyard. now could the woman accused of stealing his cash and killing him wind up a free woman? "kelly's court" takes a look. >> i would never hurt that man. he knows, everyone knows i would never hurt that man in any way. t from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a reverse mortgage. [ male announcer ] call right now to receive your free dvd and booklet with no obligation. it answers questions like how a
in america? >> you know, this will have a big saying in whatever they vote to do to avoid the fiscal cliff. tea party type groups saying it is going too far in raising revenues which is interesting because ryan is considered to be a hero to many in the tea party movement. >> some conservatives actually complaining because it was news to them, the boehner plan and the people who signed it, it didn't include enough different points of view, enough people in the party. all right. paul steinhauser, nice to see you, paul. >> thanks. >> 34 minutes part the hour. >>> new york city police say the man being requested for allegedly pushing a man into the path of an oncoming train is implicating himself. there it is for you to see this be they're arguing on the subway platform. a "new york post" photographer who shot a controversial front-page photo of the man trying to climb up from the tracks is explaining himself. he's writing in today's paper, he says it's unfair for people to condemn him. he says, quote, i can't let the armchair critics bother me. they were not there. they have no idea how quick
the fiscal cliff a lot of investment houses are lowering their growth outlook. that is because the owners of small businesses, they are the drivers of the economy. they hire. right now, one out of five cut jobs in the next 12 months. one out of three is cutting capital spending. if there is no jobs we don't have consumer spending that is 70% of g.d.p., so this is really steam rolling. it is frightening. >> gregg: i was reading economists and they say household purchases, wages in salary going down, durable goods decreasing now we have manufacturing coming out on monday as well as jobs report on thursday or friday? >> yeah, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brend
things that encourage exactly that result and to follow up a little bit on the question of fiscal cliff, part of the way that you saw this fiscal problem issue grow our relative position in the economy relative to everybody else's. one of our big problems right now is the percentage of government spending is way more than it should be relative to total g.d.p. and part of that is because you don't have the growth in g.d.p. that the right kind of energy policies would produce. if there's an easier formula ever in the history of economics than more american energy equals more american jobs, i don't know what it is, because it's not just the jobs to produce the energy, but it's all the jobs you have if you have this reliable supply of energy. i didn't have time to read it this morning, but on the front page of the "wall street journal" it talks about there's a headline that indicates that there's obvious difficulty of connecting this cheap product we have in natural gas -- and you're cite, christine. 20 years ago we thought we were going to run out of natural gas as a country. connecting th
house claim president obama is willing to take the nation over the fiscal cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a violent gunman who tried to rob the store. they didn't just say thank you. they said, i have a better idea. you're fired. >> steve: you're out of the zone [ female announcer ] you spend weeks planning it. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal folks spend all year waiting for. in stuffing and more, the secret is swanson. @ meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 com
Search Results 0 to 35 of about 36 (some duplicates have been removed)